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Stellantis to invest USD229 million in Kokomo, Indiana operations to accelerate EV plans

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Investments

The announcement comes three months after Stellantis laid out its long-term electrification strategy

Stellantis plans to invest a total of USD229 million in three of its Kokomo, Indiana, plants in an effort to reach its goal of achieving 40% low-emission vehicle sales in the U.S. by 2030, the automaker said in a press release on 7 October.

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